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After looking at $PEPE's recent trend, the major dividing line of the market cycle was broken, and the price pulled back to test the key resistance area.
The entry logic is actually very straightforward—during the downward phase of the trading cycle, it was stuck near the moving average, but once the entry cycle rebounded and formed a trend, that was the signal to get in. When the downward movement stabilized and rebounded, I entered directly.
As a result, the preset risk-reward ratio passively hit the take-profit target. Sometimes trading is just like this: set your target in advance and let the market do the rest. The rhythm of this $PEPE move was pretty good.
Calling it a "preset take-profit" sounds nice, but I just want to ask how many people can really stick to it without hesitation.
This PEPE wave is indeed something, but I’ve always had some reservations about the cyclical theory.